Finance for Non-Financial Managers

Most Managers/Supervisors/Team Leaders that work in a non-accounting role still have some kind of financial responsibility, whether itís managing budgets, cost centres or interpreting financial statements. They donít need to be financial experts but they need to be able to interpret figures and understand what lies behind them.

The course is designed to give participants an understanding of the principles of financial management and provide them with the confidence to participate in financial discussions and financial decision making.

Learning Objectives:

    • Understand company accounts and the figures within the accounts
    • Use company accounts to analyse performance
    • Identify key performance indicators
    • Understand ration analysis and interpret trends and fluctuations
    • Control budgets and costs more effectively
    • Enhance financial planning and decision making

    COURSE CONTENT:

             Accounting principles

             Understanding annual and management accounts

             Main elements of financial statements

             How to read and analyse financial statements and management accounts

             Working capital management

             Basic performance ratios

             Financial forecasting

             Managing cash flow & cash flow forecasting

             Costing methods & costing for decision making

             Break-even analysis

             Purpose of budgets and the budgetary process

             Measuring company performance against budgets

    Course Duration & Fee:

          2 days


    Ä375 per person. Includes tuition and documentation

    Certification:


    Participants receive a Certificate of Attendance.